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Automotive Constant Velocity Joint Market to Hit USD 4.52 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

(USGovernment-News.Com, May 17, 2023 ) As per Maximize Market research, the total global market for “Automotive Constant Velocity Joint Market” was USD 3.01 Bn in 2022 and is expected to grow at a CAGR of 5.2 percent over the forecast period to reach USD 4.52 Bn by 2029.

Automotive Constant Velocity Joint Market Report Scope and Research Methodology

The Automotive Constant Velocity Joint Market report presents a detailed analysis using primary and secondary data to maintain the authenticity of the report. The report showed the future prospect and current market dynamics, scope, opportunities, restraints, and drivers of the Automotive Constant Velocity Joint Market. The statistical data is deliberated by using a bottom-up approach.

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Automotive Constant Velocity Joint Market Dynamics

The continuous developments in the automobile industry are seeking lightweight constant velocity joints to lower aerodynamic drag, driveline and transmission losses, tire rolling resistance, and electrical parasitic and vehicle weight.

Automotive Constant Velocity Joint Market Regional Insights

Asia Pacific is expected to dominate the Automotive Constant Velocity Joint Market during the forecast period due to environmental requirements and China has become the hub for the automotive industry.

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Automotive Constant Velocity Joint Market Segmentation:

By Joint Type:

Rzeppa joints

Tripod Joints

Fixed and Plunge joint Other

By Vehicle Type:

Passenger car

Light Commercial Vehicle

Heavy Commercial Vehicle

By End-User:


Electric and Hybrid


Automotive Constant Velocity Joint Key Players include:




Seohan Group

Heri Automotive

American Axle & Manufacturing, Inc. (AAM)

Dana Incorporated

GKN plc

GSP Automotive Group Wenzhou Co., Ltd. (GSP Group)

Hyundai WIA Corporation


JTEKT Corporation

Nexteer Automotive Group Limited

NTN Corporation

Shandong Kaifurui Auto Parts Co., Ltd. (Shandong Huifeng Group)


Wanxiang Group Corporation

Wonh Industries Co, Ltd.

Xiangyang Automobile Bearing Co., Ltd.

Zhejiang Feizhou Vehicle Industry Co., Ltd.

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Maximize Market Research, a leading Automotive and Transportation research firm has also published the following reports:

Automotive Carbon Wheels Market- The market size is expected to reach USD 1559 Mn by 2029 at a CAGR of 13.9 percent during the forecast period.

Torque Vectoring Market- The market size is expected to reach USD 30.12 Bn by 2029 at a CAGR of 16.88 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defence, and other manufacturing sectors.


Dnyaneshwari Yevale

+91 9607365656

Source: EmailWire.Com


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